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Dangote’s $800m wager: Can Nigeria out-build its crisis?

Aliko Dangote, Africa's richest businessman. Photo @ Africa CEO Forum
Aliko Dangote, Africa's richest businessman. Photo @ Africa CEO Forum
  • Dangote signs $800m deal to double cement capacity in Nigeria
  • Move signals bet on Africa’s regional manufacturing and export growth

 

LAGOS, NIGERIA – Aliko Dangote, Africa’s richest businessman, has signed an $800 million deal to expand his Nigerian cement plant, a wager that the country is entering a new era of industrial growth.

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